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...Dominion Energy, one of the US’s biggest utilities, has agreed to sell its natural gas distribution business to pipeline giant Enbridge in a $14bn deal that highlights the seismic shifts taking place as...
...The business, best known for oil and gas pipelines, plans to spend $14bn in total on acquiring three natural gas utilities from Dominion Energy. Virginia’s Dominion has been in steady retreat....
...Enbridge chief Greg Ebel said natural gas utilities had become “must-have infrastructure for providing safe, reliable and affordable energy”....
...It “bodes well” for gas consumption, said Colin Gruending, an executive vice-president at pipeline group Enbridge. “Intermittent renewables is not going to cut it.”...
...Enbridge, another Canadian pipeline company, this month announced the $14bn purchase of the natural gas distribution business of Dominion Energy, one of the biggest US utilities, hailing a “once in a generation...
...So does Enbridge, a Canadian pipeline group that is buying three gas utilities from Dominion Energy of the US for $14bn....
...In the resolution, the congregation and three co-filers, which are also religious groups, said Citi had “provided over $5bn to [pipeline company] Enbridge, enabling the widely opposed Enbridge Line 3 and...
...News round-up Enbridge in $14bn deal for Dominion gas utilities as US energy mix shifts (FT) Ontario Teachers’ fund acquires UK wealth manager 7IM (FT) Chinese developer Country Garden avoids default...
...Enbridge, the Canadian pipeline company, is betting on sustained strength in US energy production with a $3bn purchase of assets including a crude oil export terminal in Texas that is North America’s largest...
...A project adding capacity to Enbridge’s network to the US Midwest is already complete....
...Investors are flocking towards oil-and-gas opportunities at the expense of clean energy projects. But there are signs of ESG resilience....
...The message, from protests against the expansion of Enbridge’s Line 3 project in Minnesota, succinctly captures a growing problem for Biden....
...renewable energy lobby group....
...Since 2002, Enbridge has invested C$7.8bn in renewable energy projects, sufficient to power most homes in Alberta, the company says....
...“The capital is going to be large, and obviously existing infrastructure players like ourselves are going to be involved,” Al Monaco, chief executive of Enbridge, a Canadian pipeline company with extensive...
...Dominion Energy and Duke Energy last year scrapped the $8bn Atlantic Coast pipeline after protracted litigation and delays sent costs soaring....
...Other major pipeline operators contacted by the Financial Times, including TC Energy, Energy Transfer and Enbridge, said they remained confident in the capabilities of their cyber security systems after...
...Renewable energy stocks did better. Welcome to another Energy Source....
...These include completing the expansion of Enbridge’s Line 3 into the US and the Transmountain Express line to Canada’s west coast, which officials say will add a total of nearly 1m b/d of capacity by the...
...The Mountain Valley Pipeline in the mid-Atlantic and the Enbridge Line 3 Pipeline in the Midwest are among the projects that will provoke an activist push, said Josh Axelrod at the Natural Resources Defense...
...In July last year, Dominion Energy and Duke Energy, two leading US utilities, ditched the $8bn Atlantic Coast Pipeline project, which would have moved natural gas out of the booming Marcellus gasfields in...
...“She was an environmental activist actively opposed to Canadian energy pipelines to the US,” he said....
...Please get in touch at energy.source@ft.com....
...Companies such as Plains All American Pipeline, Enbridge and Magellan Midstream Partners have invested heavily to add tanks on the north and south ends of town....
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